Technical
Financial
Distress signals
Property profile

1801 Evangeline Thruway Lafayette, LA 70501

OFF-MARKET
Land
3.41 ac lot
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Property summary

AI-generated overview

This exceptional 3.41-acre commercial land parcel presents a compelling investment opportunity in Lafayette, Louisiana. Strategically located on the high-traffic Evangeline Thruway near Willow Street, this property boasts significant visibility and accessibility. Designated as a Commercial Heavy zone, it offers considerable development potential for a wide range of commercial ventures. The asking price is $630,553, translating to $185,130 per acre. The property's prime location within a designated Opportunity Zone further enhances its investment appeal, offering potential tax advantages. The parcel's size and zoning make it suitable for various commercial uses, catering to businesses seeking high visibility and convenient access to major thoroughfares. The property's APN is 6020801. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Lafayette submarket (LACDB - D) with significant growth potential. The property is situated at 1801 NW Evangeline Thruway, Lafayette, LA 70501. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 3.41 ac (148,540 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1801 Evangeline Thruway Lafayette, LA 70501
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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